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Indebta > Investing > Huntington Ingalls Gets $1.17B Navy Contract Modification
Investing

Huntington Ingalls Gets $1.17B Navy Contract Modification

News Room
Last updated: 2024/02/24 at 9:10 PM
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By Ben Glickman

Huntington Ingalls Industries was awarded a $1.17 billion modification to a contract for work on the USS Boise.

The U.S. Navy announced the modification to the previously awarded contract on Friday. The modification includes options which, if exercised, would bring its total value to $1.24 billion.

The work is specifically for completing an engineered overhaul of the USS Boise, a Los Angeles class nuclear-powered submarine.

The work is expected to be completed by September 2029 and will be performed in Newport News, Va.


Write to Ben Glickman at ben.glickman@wsj.com

Read the full article here

News Room February 24, 2024 February 24, 2024
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